#investment

A passenger checks a departure screen at the Phoenix Sky Harbor Airport after the CrowdStrike outage delayed travel. CrowdStrike's stock has plummeted 34% since a software update caused a major outage on July 19. On Tuesday alone, the stock fell as much as 13% following reports that Delta Air...

Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission, officials said Tuesday. Texas Attorney General Ken Paxton said the settlement is the largest secured by a single state. In...

McDonald's (MCD) reported Q2 earnings that fell short of Wall Street estimates in terms of revenue, earnings, and same-store sales, highlighting the impact of challenging macroeconomic conditions on the fast food giant. Key Financials: Revenue: $6.49 billion, up 2.01% year-over-year, but below...

Palantir Technologies Inc. (NYSE: PLTR), a leader in AI systems for modern enterprises, has announced a multi-year partnership with Tree Energy Solutions (TES), a global leader in the production of electric natural gas (e-NG) derived from green hydrogen. The partnership aims to leverage...

Tesla's Mixed Q2 Results: Auto Gross Margin: Excluding regulatory credits, Tesla's auto gross margin was 14.6%, missing the 16.2% estimate. Regulatory Credits: Came in at $890 million, significantly higher than the $450 million consensus, potentially inflating adjusted EPS by 10 cents. Earnings...

BOOK REVIEW: "ONE UP ON WALL STREET" BY PETER LYNCH ♥ Good Morning Everyone. "One Up on Wall Street" by Peter Lynch is a seminal book on investing, widely regarded as a classic in the field. Lynch, a legendary fund manager of the Fidelity Magellan Fund, offers insights into his investment...

RT BRISCOE LAUNCHES RECAPITALIZATION FUND 1. Introduction of the Fund: - RT Briscoe Nigeria Plc has launched the "R.T. Briscoe Savings and Investment Fund," a pioneering initiative that allows investors to save and invest in the company over time. - The fund is approved by the Securities...

NGX TRADING SUMMARY FOR FRIDAY, JULY 19, 2024 Trading Volume and Value: - Total Shares Traded: 603,884,355 - Total Deals: 9,988 - Market Value of Shares: NGN 9,164,655,213.31 - Market Capitalization: NGN 56.9 trillion Comparison with Previous Trading Day (Thursday, July 18, 2024): - Volume...

BOOK REVIEW: "YOU CAN BE A a STOCK MARKET GENIUS" BY JOEL GREENBLATT OVERVIEW "You Can Be a Stock Market Genius" is a comprehensive guide that demystifies the stock market for investors looking to improve their financial literacy and investment strategies. Joel Greenblatt, a successful...

ACCESS HOLDINGS EYES N10TN PROFIT BY 2027 Access Holdings Plc has set a target to achieve a profit of N10 trillion by 2027, as announced by Access Bank's CEO, Roosevelt Ogbonna, during the 'Facts Behind the Right Issue Presentation' in Lagos on Tuesday. This ambitious goal highlights the...

REGENCY ALLIANCE INSURANCE PLC ANNOUNCES DELAY IN FINANCIAL STATEMENT SUBMISSION Regency Alliance Insurance Plc has informed the Nigerian Exchange Limited (NGX), shareholders, and the investing public of a delay in filing its Audited Financial Statement (AFS) for the year ended December 31...

TIPS FOR IDENTIFYING GOOD INVESTMENT OPPORTUNITIES Hello everyone! . It's a lovely friday morning. One of the keys to successful investing is identifying the right opportunities. Here are some valuable tips to help you spot good investment opportunities in the stock market: 1. Research...

NGX TRADING SUMMARY FOR THURSDAY, JUNE 13, 2024 Market Overview: - Total Shares Traded: 502,599,278 - Total Deals Executed: 9,686 - Total Market Value: NGN 8,653,032,209.43 - Market Capitalization: NGN 56.5 trillion Comparison with Previous Trading Day (June 11, 2024): - Volume Decline: 41% -...

TUESDAY TIP: TIPS FOR NEW INVESTORS Hey Newbies. Embarking on your investment journey can be both exciting and daunting. But with the right knowledge and approach, you can set yourself up for success in the financial markets. Here are some essential tips to help you get started on the path to...

TRANSCORP HOTEL OUT AS COMPANIES WITH N1trn MARKET CAP DROP TO 10 AS OF June 06, 2024 As of June 6, 2024, the number of companies listed on the Nigerian Exchange (NGX) with a market capitalization exceeding N1 trillion fell to ten, down from eleven in May. Eight of these companies also have...

FGN SAVINGS BOND: YOUR SMART PATH TO FINANCIAL GROWTH Hello Everyone. Today, let's take a look at another financial instrument: Federal Government of Nigeria (FGN) Savings Bond! Let's dive into the details: WHAT IS FGN SAVINGS BOND? FGN Savings Bonds are debt securities issued by the Nigerian...

FBN HOLDINGS REVENUE SURGES BY 181% - FBN Holdings' gross earnings increased by 181.4% to N730.3 billion in the first quarter of 2024, compared to N259.5 billion in the same period last year. - The growth in revenue was driven by a 153.3% rise in interest income, reaching N455 billion in Q1...

INVESTMENT STRATEGIES 104: POTENTIAL RED FLAGS TO WATCH OUT FOR WHEN CHOOSING GROWTH STOCKS Hi Investors, as a continuation of our series on investment strategies, today we move on to the RED FLAGS that investors should watch out for when considering growth investing. These warning signs can...

INVESTMENT STRATEGIES 102: GROWTH INVESTING Dear Investors. Welcome back to our investment series! In our previous installment, we looked into the world of VALUE INVESTING, where we sought out undervalued stocks with solid fundamentals. Now, let's shift our focus to another exciting strategy...

INVESTMENT STRATEGIES 101 Good day, savvy investors! As we ride through the vast ocean of investment opportunities, it's important to qhave a compass — that's where investment strategies come in. There are several approaches to consider, each with its unique advantages: - VALUE INVESTING: This...